Mashboxx Founder Threatens to Sue LimeWire

LimeWire recently unveiled a major initiative aimed at combining web-based communities, music and video content — as well as contextual ads — with P2P file-sharing. But Wayne Rosso, founder of P2P startup Mashboxx, believes that LimeWire’s ideas violate some of his company’s patents — and he told NewTeeVee this week that he’d “go after anyone who comes near to it.”

Mashboxx was supposed to be the first P2P outlet licensed by the music industry, but financing issues have put the company on life support. Rosso’s tough talk could just be part of his strategy to secure a new investment, but it’s also symptomatic of the many challenges on the road to monetizing P2P. Continue reading at Newteevee.com.